Hedera NFT Market Share: 98% on SentX, by Hedera's Count

According to Hedera, most NFT trading on its network happens on SentX. Hedera's case study on SentX says SentX accounts for "over 98% of all NFT collecting activity" on the network, and calls it "by a significant margin the most active venue for Hedera NFTs." Read Hedera's case study.

Hedera NFT marketplaces offer much the same tools: listings, offers, auctions and launchpads. What differs is where the collectors are and how much trading happens there. This page sets out Hedera's figures for SentX, the questions worth asking of any marketplace, and where to check the numbers yourself.

SentX by the numbers

These figures come from Hedera's case study on SentX. The case study carries no date, so we note when we read it: October 8, 2026. Read the case study.

Measure	Hedera's figure
Share of NFT collecting activity on Hedera	Over 98%
All-time volume	Over 211 million HBAR
All-time transactions	More than 2.2 million
NFT sales	553,440
Listings	159,270
Marketplace volume	155,247,322 HBAR
NFT mints	138,880
Launchpad volume	56,550,566 HBAR
Calls served by the public API	57,420,213

One figure is our own. In October 2026, more than 4,400 collections and 800 creators had public pages on SentX.

What to compare between Hedera NFT marketplaces

Because the tools look alike, the useful questions are about the people, the costs and the custody. Ask them of any marketplace you are weighing, SentX included.

What to compare	On SentX	Why it matters
Collectors and trading activity	Over 98% of NFT collecting activity on Hedera, by Hedera's count.	Buyers and sellers in one place give a listing more people to see it and an offer more owners to reach.
Fees	The standard 2% marketplace fee, or a 2.5% auction fee. Hedera's network fee and creator royalties are separate. See the FAQ.	The marketplace fee comes out of every completed trade, alongside the network fee and any royalty.
Custody	SentX never holds your NFTs or HBAR. Trades settle peer to peer through Hedera's allowance and approval system.	Whether the marketplace ever holds your NFTs or HBAR.
Ways to buy and sell	Buy now listings, offers, collection offers and auctions. Listings, offers and auctions.	Some sellers want a fixed price and some want bids, and buyers may want either.
Launch tools for creators	A launchpad with whitelists and stages, launches of collections you have already minted, and Forever Mint. Whitelists and stages.	A launch needs mint stages and access lists, and some creators sell NFTs they have already minted.
Creation tools	DreamForge creates the collection, pins its files to IPFS and mints. Mint your first collection. It also generates AI images, video, music and 3D models.	Making the collection where it will be sold saves moving files between tools.
Open market data	The SentX API for your own software, and a read-only MCP server for AI assistants.	Figures you can pull yourself are figures you can check.

Why trading activity matters to collectors and creators

For a collector, activity gives prices meaning. A floor price or a last sale tells you more when the collection trades often, and an offer has more owners to reach where those owners already look.

For a creator, a launch is seen first by the collectors already on the marketplace. Hedera puts it this way in its case study: "New projects that launch on SentX gain immediate exposure to the network's most active collector base." Creator royalties are assessed on qualifying sales, so they follow trading activity.

Activity does not set a price. It helps a trade happen; it does not decide what an NFT is worth. Read market data with context before you buy or list.

Check the figures yourself

Open SentX analytics for SentX's volume, sales, launchpad mints, new listings and new users over a window you pick, from the last hour to all time.
Pull market data into your own tools with the SentX API, or ask an AI assistant through the read-only MCP server.
Look up any NFT's transfer history on a public Hedera mirror node. What a mirror node is.
Compare with the figures in Hedera's case study, which come from Hedera, not from SentX.

Common questions

What is the largest NFT marketplace on Hedera?

Hedera's case study names SentX the leading NFT launchpad and marketplace on Hedera, with over 98% of all NFT collecting activity on the network. Read the case study.

Where can I trade Hedera NFTs?

On a marketplace that supports Hedera, paying in HBAR from your own Hedera wallet. On SentX, Buy your first Hedera NFT and Sell a Hedera NFT walk through each side.

Is the 98% figure SentX's own?

No. It is Hedera's, from its case study on SentX. The case study is undated; we last read it on October 8, 2026. Read it here.